Latest io.net News

In a significant development within the blockchain and AI sectors, io.net and Mira Network have announced a strategic partnership aimed at enhancing trustless AI verification. This collaboration combines io.net's decentralized GPU computing capabilities with Mira Network's advanced consensus techniques to address the ongoing challenges of accuracy, reliability, and scalability in AI outputs. The integration of these technologies is expected to deliver faster, more accurate, and cost-efficient validation of AI-generated data, ultimately improving operational efficiency and reducing latency for Mira Network's services. At the core of this partnership is Mira Network's consensus-driven AI verification system, which significantly lowers error rates. By utilizing io.net's extensive decentralized GPU network, Mira will have access to a vast pool of cost-effective computing power, facilitating quicker and more reliable AI output validation. This collaboration also supports Mira's Node Delegator Program, which encourages contributors to delegate GPU resources and participate in AI verification operations, thereby democratizing access to AI technology and enabling participants to earn rewards. As the demand for reliable AI solutions grows, the partnership between io.net and Mira Network is poised to set new standards in AI verification accuracy. Current research indicates that advanced AI reasoning can have error rates as high as 30%, but through their consensus approach, Mira aims to reduce these errors to below 5%, with a long-term goal of achieving less than 0.1%. This ambitious target, supported by io.net's global GPU infrastructure, will allow Mira Network to scale its verification processes effectively while maintaining high performance and low latency, ensuring that it meets the needs of its expanding client base in the evolving AI landscape.

Matchain, a decentralized AI identity blockchain, has announced a strategic partnership with io.net, a leader in decentralized computing networks. This collaboration aims to enhance the infrastructure available to developers within the Matchain ecosystem by providing low-cost, scalable GPU-powered AI tools. As Matchain's official compute partner, io.net will deliver decentralized GPU infrastructure that enables a wide range of AI applications. This partnership is expected to simplify infrastructure management for developers and address the increasing computational demands of Web3 technologies, particularly in the realm of artificial intelligence. The partnership promises to provide Matchain developers with cost-effective and scalable GPU resources, essential for the intensive workloads involved in training, deploying, and scaling AI models. Compared to traditional cloud computing services, the resources offered through this collaboration will significantly reduce costs for developers, making high-performance computing more accessible for decentralized projects. This enhancement will broaden the scope of Matchain's ecosystem, allowing developers to create decentralized applications (dApps) with innovative approaches to identity and data management, leveraging the AI-optimized capabilities of Matchain and io.net's GPU-oriented infrastructure. Jessie Xiao, the chief commercial officer at Matchain, emphasized the importance of this partnership in facilitating the development of decentralized AI applications. He stated that teaming up with io.net has amplified their ability to provide developers with affordable, high-performance infrastructure for next-generation applications. Additionally, this collaboration aligns with Matchain's broader goal of utilizing blockchain technology for AI research. By integrating io.net's decentralized compute services, Matchain users will benefit from on-demand resources, faster payments via the Solana blockchain, and tailored support for AI model training and deployment. This partnership marks a significant advancement in decentralized AI innovation, empowering developers to build secure, scalable, and cost-efficient applications on the Matchain platform.

Decentralized GPU compute provider io.net has announced a strategic partnership with Matchain, a decentralized AI identity layer for Web 3. This collaboration aims to enhance AI application development within the Matchain ecosystem by leveraging io.net's GPU infrastructure. The partnership is designed to streamline the development process for Matchain developers, allowing them to focus on creating innovative applications without the complexities of managing infrastructure. Matchain, known for its AI-driven identity solutions, will utilize io.net's decentralized computing resources to support various applications, ultimately fostering advancements in AI integrations and innovations. The integration of io.net's GPU infrastructure will provide Matchain users with scalable and cost-effective computing resources. By utilizing io.net's GPU clusters, which are priced significantly lower than traditional cloud services, Matchain aims to deliver high-performance computing capabilities to its users. This partnership not only reduces costs but also enhances the speed and efficiency of AI application development. Jessie Xiao, Chief Commercial Officer of Matchain, emphasized that this collaboration empowers developers with the necessary tools to build next-generation applications while advancing the mission of AI-driven innovation in decentralized ecosystems. Furthermore, the partnership aligns with Matchain's goals to leverage blockchain technology for AI research. By integrating io.net's decentralized computing model, Matchain users will benefit from on-demand GPU resources and faster payment solutions via the Solana blockchain. This collaboration is expected to provide 1.1 million users with access to advanced tools for creating innovative AI identity-based applications, including identity and data management solutions. Both companies view this partnership as a significant step forward in the AI and blockchain landscape, offering practical solutions for the advancement of decentralized AI applications.

CreatorBid has recently joined the io.net decentralized network, marking a significant step in the evolution of AI development and image model scaling. io.net, a prominent player in decentralized physical infrastructure networks (DePINs), welcomed CreatorBid, a hub for the AI Creator economy, to its platform. This strategic partnership is poised to enhance CreatorBid's capabilities by utilizing io.net's decentralized GPU network, allowing for efficient scaling of AI image models while significantly reducing costs compared to traditional centralized computing services. The integration with io.net provides CreatorBid access to scalable and flexible GPU resources, addressing the centralization issues often faced with conventional service providers, such as high costs and slow processing speeds. CreatorBid's CEO, Phil Kothe, expressed optimism about the partnership, stating that it would enable the company to expand its offerings beyond images to include videos and live streams. This collaboration is expected to enhance the performance and reliability of CreatorBid’s platform, essential for developing advanced AI-driven solutions and improving the overall user experience for creators and brands. Moreover, CreatorBid is set to empower creators by allowing them to launch, grow, and monetize their digital presence through customizable AI influencers. The platform utilizes Agent Keys on the Base Network, which serve as membership tokens that foster engagement and value sharing among creators and their audiences. With the native token $AGENT facilitating transactions and governance, CreatorBid aims to redefine the creator landscape by integrating cutting-edge AI tools with blockchain technology. This partnership not only highlights the potential of decentralized GPU networks in content creation and AI development but also positions CreatorBid as a leading AI Creator ecosystem in the industry.

In a significant development for the AI Creator Economy, io.net has announced a strategic partnership with CreatorBid, a platform specializing in AI-driven tools for creators and brands. This collaboration will allow CreatorBid to utilize io.net's decentralized GPU network, enhancing the scalability and efficiency of its image and video models. By leveraging this decentralized infrastructure, CreatorBid aims to optimize resource utilization while minimizing costs, making high-performance computing more accessible for businesses engaged in AI technology. Tausif Ahmed, VP of Business Development at io.net, emphasized the advantages of this partnership, stating that it enables CreatorBid to harness their decentralized GPU network for advanced AI solutions. CreatorBid's CEO, Phil Kothe, echoed this sentiment, highlighting the potential of scalable GPU resources to empower AI Influencers and Agents. This partnership is set to revolutionize content creation, as it allows creators to engage audiences and produce diverse content formats autonomously, paving the way for a new era in digital entrepreneurship. CreatorBid is at the forefront of the AI Creator Economy, providing tools that enable creators to monetize their content and build vibrant communities around AI Agents. These customizable digital personas facilitate engagement and interaction, fostering co-ownership among creators and fans. By integrating cutting-edge AI tools with blockchain technology, CreatorBid is redefining the creator landscape and positioning itself as a key player in the transition towards an autonomous Creator Economy. The partnership with io.net not only showcases the practical applications of decentralized GPU networks but also accelerates CreatorBid's vision for an AI-driven future in content creation and branding.

As November comes to a close and December 2024 approaches, investors are increasingly focusing on portfolio rebalancing and exploring new altcoin opportunities. The Decentralized Physical Infrastructure Network (DePIN) narrative is gaining traction, making it a significant sector to monitor. BeInCrypto has highlighted five top DePIN altcoins to watch in December, including Filecoin (FIL), Arweave (AR), Grass (GRASS), io.net (IO), and NetMind Token (NMT). Filecoin (FIL) leads the pack with a market capitalization of $3.44 billion. Despite experiencing a decline in value during the second and third quarters, Filecoin has rebounded strongly, with a 56.22% price increase over the last month. Currently, the price momentum is positive, suggesting potential growth to $6.50 in early December. However, if the momentum shifts bearish, it could drop to $4.96. Arweave (AR) follows closely, having increased by 20.98% in the past week, currently priced at $21.13. The altcoin is facing resistance at $22.05, but if it breaks through, it could reach $24.57. Grass (GRASS) has made headlines with a remarkable 300% increase in October, now priced at $3.48. If it maintains its bullish trend, it may surpass $3.90 and potentially reach $5. io.net (IO), known for being the largest decentralized AI computing network, has seen a 65.13% price increase, currently trading at $2.93. If the bullish trend continues, it could exceed $4. Lastly, NetMind Token (NMT) has surged by 76.10% recently, currently priced at $3.76, with a potential rise above $5 in December if bullish momentum persists. However, profit-taking could lead to a decrease to $2.72. Investors should remain vigilant as market conditions are subject to rapid changes.

This week, decentralized distributed GPU resource platform io.net announced a strategic partnership with OpenLedger, a data blockchain specifically designed for artificial intelligence (AI). This collaboration will enable OpenLedger to utilize io.net's global GPU compute resources, enhancing its ability to refine and train AI models. Known as the Internet of GPUs, io.net provides a powerful network of distributed GPU resources, allowing OpenLedger to accelerate the development of its AI models and empowering developers to create more efficient AI-based decentralized applications (DApps). According to Tausif Ahmad, Vice President of Business Development at io.net, this partnership will provide OpenLedger with a reliable infrastructure to scale its AI models and unlock new use cases, reinforcing its position as an innovative provider in the decentralized AI space. In addition to providing GPU resources, io.net's infrastructure will support the inference and hosting of AI models, ensuring optimal performance and scalability. This partnership is expected to enhance OpenLedger's reputation as a leading provider of reliable datasets, fueling innovation at the intersection of blockchain and AI. The collaboration aims to create high-quality data securely and efficiently while driving innovation and performance. A team member from OpenLedger emphasized that leveraging io.net's GPU infrastructure will allow users to fine-tune AI models more efficiently, ultimately leading to the development of trustworthy and explainable AI models. A significant factor in OpenLedger's choice of io.net as its GPU resource provider is the cost-effective and scalable compute solutions offered. This partnership will enable OpenLedger to expand its services without the constraints of high costs associated with centralized cloud providers. By processing larger datasets and developing AI models with unprecedented efficiency, OpenLedger aims to push the boundaries of decentralized AI innovation. Ultimately, this partnership aligns with OpenLedger's mission to foster an open, collaborative data environment while promoting the adoption of blockchain-powered AI solutions.

Decentralized Physical Infrastructure Network (DePIN) io.net is making strides in the decentralized AI (DeAI) sector by expanding its GPU Compute connection services to Zero 1 Labs. This collaboration aims to enhance the development of DeAI by providing Zero 1 with access to high-performance GPU compute power. The partnership is expected to facilitate the training of AI agents for Keymaker, Zero 1's open marketplace, thereby accelerating the overall development of decentralized AI applications. Developers and users on the Zero 1 platform will benefit from demand-based, cost-effective GPU computing, making it easier to utilize tools for building and deploying DeAI applications. Zero 1 operates as a proof of stake-based decentralized AI ecosystem, allowing innovators and developers to create optimized DeAI applications with Fully Homomorphic Encryption (FHE). This ensures secure data governance and privacy at the AI computation level. The partnership with io.net will enhance Zero 1's computing capabilities, particularly for Keymaker, which serves as a multimodal AI marketplace. With over 100 DeAI tools available, the marketplace is designed to facilitate the creation and discoverability of DeAI applications, catering to developers aiming to build effective on-chain AI agents. In addition to GPU compute services, io.net and Zero 1 Labs are committed to fostering innovation through joint initiatives, including hackathons and bounty programs. These community-driven events will allow developers to collaborate and share their experiences, enriching the DeAI ecosystem. The strategic exchange of resources between the two entities will enable projects within Zero 1's ecosystem to access advanced AI expertise and high-performance resources from io.net. Ultimately, this partnership is poised to enhance Zero 1's market share in the DeAI developer landscape while reducing infrastructure costs, thereby accelerating innovation in the decentralized AI space.

In a significant move to bolster transparency and reliability in decentralized GPU-powered applications, io.net, a decentralized physical infrastructure network (DePIN), has announced a partnership with NovaNet, a decentralized incentive network focused on privacy preservation through zero-knowledge proofs. This collaboration aims to introduce a groundbreaking zero knowledge GPU identification technology, referred to as zkGPU-ID. By implementing this innovative system, io.net will ensure that its GPU resources consistently deliver the promised performance levels, thereby enhancing user confidence in the quality and authenticity of decentralized compute assets. The zkGPU-ID system employs advanced cryptographic techniques to verify that the GPUs on io.net meet or exceed their advertised capabilities. Utilizing NovaNet's zero-knowledge proof technology, io.net can validate GPU specifications without disclosing sensitive information, thereby reinforcing both privacy and robust verification. This solution empowers users to not only confirm the performance of GPUs but also their authenticity, adding a crucial layer of security to decentralized computing networks. According to Tausif Ahmed, io.net’s VP of Business Development, this partnership will optimize coordination and verification across a vast network of distributed GPU suppliers, ensuring that customers can trust the GPUs they rent from io.net. To achieve its objectives, the zkGPU-ID utilizes a zero knowledge virtual machine (zkVM) to assess GPU specifications and generate cryptographic proofs that validate various performance levels. This process produces tamper-proof evidence, and any attempts to manipulate the details will result in invalid proofs, thereby securing the network's integrity. Wyatt Benno from NovaNet emphasized that their zkVM provides a secure and scalable method for GPU verification, ensuring reliable performance guarantees. The collaboration between io.net and NovaNet is poised to redefine standards for transparency and reliability in decentralized compute infrastructure, making zkGPU-ID an essential tool for users reliant on GPU resources.

Asa, the head of io.net for the Asia-Pacific region, has confirmed attendance at the upcoming "DeInsight 2024" annual summit, scheduled for November 11 in Bangkok during Devcon. io.net is a decentralized computing network designed to support the development, execution, and scaling of machine learning applications on the Solana blockchain. The platform boasts the world's largest GPU cluster, aggregating 1 million GPUs from underutilized resources such as independent data centers, crypto miners, and projects like Filecoin and Render. This innovative approach addresses the need for vast computing power by creating a decentralized physical infrastructure network (DePIN), making it accessible, customizable, cost-effective, and easy to implement for engineers. The "DeInsight 2024" annual summit will be held at Hotel Nikko Bangkok and is co-hosted by ChainCatcher and RootData, with Soso Value as a co-organizer. The event aims to gather over 1,000 industry elites from the Web3 field to exchange insights and discuss the latest trends and developments in the blockchain space. A highlight of the summit will be the unveiling of the RootData List 2024, which ranks influential individuals and institutions in the industry based on objective data analysis. This annual ranking is expected to provide valuable insights into the key players shaping the future of blockchain technology. ChainCatcher emphasizes the importance of viewing blockchain developments rationally and encourages attendees to enhance their risk awareness regarding virtual token issuances and speculations. It is crucial for participants to understand that all content provided on the platform is market information or opinions from related parties and should not be interpreted as investment advice. The organization also encourages readers to report any sensitive information they may encounter, ensuring a responsible and informed community engagement.